Cambridge Cognition (LON:COG) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Cambridge Cognition Holdings Plc (LON:COG)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 35.29 and traded as low as GBX 32. Cambridge Cognition shares last traded at GBX 32, with a volume of 621 shares trading hands.

Cambridge Cognition Stock Performance

The company’s 50-day simple moving average is GBX 35.19 and its 200 day simple moving average is GBX 35.29. The stock has a market cap of £14.90 million, a P/E ratio of -8.21 and a beta of 0.74. The company has a current ratio of 0.40, a quick ratio of 0.96 and a debt-to-equity ratio of 28.66.

Cambridge Cognition (LON:COG) last released its earnings results on Monday, April 13th. The company reported GBX (3.90) earnings per share (EPS) for the quarter. The business had revenue of GBX 940 million during the quarter. Cambridge Cognition had a negative net margin of 17.82% and a negative return on equity of 62.89%. As a group, sell-side analysts expect that Cambridge Cognition Holdings Plc will post 1.0293539 EPS for the current fiscal year.

Cambridge Cognition Company Profile

Cambridge Cognition Holdings Plc, a neuroscience technology company, develops and markets near-patient cognitive testing techniques in the United States, United Kingdom, the European Union, and internationally. The company offers CANTAB digital cognitive assessment platform for drug development by enabling pharmaceutical companies to take new therapeutics from preclinical consultancy to pivotal studies and approval, as well as supports sponsors to enhance recruitment, develop safe and effective treatments, and enhance research and development efficiency.